Capital Allowances


Do you know that you may be eligible to claim tax relief on your commercial property purchase?

Capital Allowances are a valuable form of tax relief. They are available where a person incurs capital expenditure, usually through refurbishing, building or more commonly known when...buying commercial property.

It is the right of the commercial property owner to identify and claim upon any available capital allowances hidden within the property, the owner loses that right when they come to sell. An average claim for Capital Allowances can equate to 25% of the property purchase price and this Government Legislation has been available for 100 years.

 

It is a Chartered Surveyor who appropriately identifies and individually values the qualifying fixtures and fittings hidden inside a commercial property.

These items are then prepared in a Plant Site and Bare Site Survey Report that identifies:

A - Bare Land Value

B - Reconstruction Cost without the inclusion of (C)

C - Itemised Valuation of qualifying Fixtures & Fittings

The values identified in these individual reports, are now qualified to be placed in the HMRC calculation matrix, reasoning why accountants rarely provide this specialist service, unless they have the aid of a 'third party Capital Allowances specialist' who provides this service internally.

Capital Allowances can only be claimed once in the history of the building!

Why should I choose Roger Hannah & Co?

  1. Specialist accountancy and surveying professions = maximum benefit.
  2. Confidence of an HMRC compliant claim.
  3. Free feasibility study.
  4. No upfront charges.
  5. No additional survey fee.
  6. If no claim is identified then no charge.

 

Our aim is to obtain and maximise your tax relief available to you via Government Legislation.

Am I eligible? - Advice for solicitors, accountants and commercial property owners.

How does the last Government update on 1st April 2014 affect me?

What are the 5 Easy Steps to making a claim?

 

 

 

Capital Allowances Explained

Click here to download our Capital Allowances brochure

Latest Case studies

£255K identified at a (historic) New Build Office Park » 2nd June 2016

Our client instructed Roger Hannah & Co to identify the level of Capital Allowances available to him, on an Office Park site that he built Pre 2008 and still owns as a trading asset today.

Capital Allowances Identified on Dental Practice » 10th May 2016

71.2% of the Purchase Price identified as Capital Allowances.

£1,195,000 - Small Industrial Park » 14th July 2015

These brief details outline a recent case study whereby we were instructed to identify Capital Allowances on behalf of a small Industrial Park.

Latest News

Annual Investment Allowance is reduced on 1st January 2016 to £200k » 26th January 2016

You can deduct the full value of an item that qualifies for annual investment allowance (AIA) from your profits before tax

Roger Hannah & Co Christmas Property Pop Quiz » 14th December 2015

Roger Hannah & Co explosive Capital Allowance results. » 4th November 2015

Roger Hannah & Co is happy to announce the explosive Capital Allowances results of last month.

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Case Studies
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